Is 72211, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72211 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72211 has remained a Seller's Market.

Key Takeaway

72211 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72211, AR

How much do homes in 72211, AR cost?

Median Sold Price

$283,500

$161/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$8,250(+3.0%)

Key Takeaway

Homes in 72211 have sold for 3% more than they did a month ago.

Summary: The median home sold price in 72211 was $283,500 in September 2024, up 3% from last month, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $203K$190.4K
-6.2%
3 $245K$260.3K
+6.3%
4 $474.9K$490.3K
+3.2%
5+ $665K$623.5K
-6.2%

Summary: 72211 housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 6.2%.

Median Sold Price Compared To Nearby Zip Codes

72204
+30.0%
72212
+15.6%
72211
+3.0%
72227
-2.8%
72205
-8.7%

Housing Supply in 72211, AR

How many homes are available in 72211, AR?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
11397-14.2%

Summary: The 72211 real estate market had 97 homes for sale in September 2024, a 14.2% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 5952
-11.9%
4 4029
-27.5%
5+ 66
0.0%

Summary: The 72211 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 11.9%, 4 bedroom homes decreased by 27.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3826-31.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72211, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 72211 in September 2024, down by 31.6% month-over-month. Of the 24 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for 72211, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in 72211, AR

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